The battle for information security has been escalating for a long time, but the recent explosion in remote work has taken the struggle to a whole new level.

IT and security teams already overwhelmed by a constant flood of incoming data, cloud technologies and stringent compliance regulations are facing new challenges, from remote workers using their own devices and networks to increasing sophisticated phishing attacks and other scams to the insider threat posed by disgruntled and careless users.

The stakes have never been higher.

A single breach can lead to steep fines from regulators, expensive downtime and recovery processes, costly litigation, and long-lasting damage to the organization’s reputation and revenue.

Many organizations have adopted a Scope – Classification – Impact model, in which they assess which assets (users, devices, data, etc.) were affected in an incident; what type of incident it was (such as a phishing attack or a ransomware infection); and the business consequences (such as downtime of key systems or loss of sensitive data). This approach is a good first step, but it has an important limitation.

Simple problems or not?

In particular, even if you take steps to ensure the same problem won’t happen again, you’re still vulnerable to every threat you have yet to face, including zero-day exploits. Instead of being stuck in fire-fighting mode, you need to get out in front and prevent as many incidents as possible from happening in the first place

Risk-Based Vulnerability

Today’s complex IT environments and rapidly evolving threat landscape demands comprehensive, risk-based vulnerability management. By proactively identifying and mitigating software vulnerabilities on a regular basis, organizations can reduce their risk of security incidents and compliance failures.

Organizations would patch all their vulnerabilities. But in reality, IT teams have limited budgets and only 24 hours in the day, so organizations have to be more strategic. By taking a risk-based approach to vulnerability management, they can effectively balance risks against costs.

Risk Measurement and Prioritization

A good way to get clear, objective insight into the risks your organization faces is to sort them along two key dimensions: likelihood and impact. Clearly, you need to worry more about a security threat that is highly likely and will cause a lot of damage for your business than a threat that is unlikely to materialize and would have little impact.

The goal is to know:

  • Which systems are vulnerable and in what ways
  • What data is located on each system
  • How likely it is that each vulnerability will result in data loss
  • The business consequences of losing that data
  • The business consequences of the system being unavailable

If this information is helpful to you read our blog for more interesting and useful content, tips and guidelines on similar topics. Contact the team of COMPUTER 2000 Bulgaria now if you have a specific question. Our specialists will be assisting you with your query.

Content curated by the team of COMPUTER 2000 on the bases of marketing materials provided by our partners.

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